Trade Finance Executive at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
96338
Job Views
81

Job Description




  • We are seeking an experienced and motivated Trade Officer with 2 to 3 years of experience in the banking sector to join our dynamic team.

  • The ideal candidate will have a strong understanding of trade finance products and services, excellent analytical skills, and the ability to build and maintain relationships with clients.

  • The Trade Officer will play a crucial role in facilitating international trade transactions, ensuring compliance with regulatory requirements, and providing exceptional service to our clients.


Key Responsibilities:



  • Manage and process import and export letters of credit, documentary collections, and guarantees.

  • Evaluate trade-related documentation to ensure compliance with bank policies and regulatory guidelines.

  • Develop and maintain strong relationships with clients, providing high-quality support and advice on trade finance products.

  • Identify clients’ needs and recommend appropriate trade finance solutions to facilitate their international transactions.

  • Conduct thorough risk assessments of trade transactions, ensuring that all necessary due diligence is completed.

  • Monitor ongoing transactions for compliance and resolve any issues that may arise.

  • Stay updated on market trends, trade regulations, and changes in international trade policies that may affect clients.

  • Provide insights and recommendations on trade-related developments to both clients and internal stakeholders.

  • Work closely with internal departments, including credit, compliance, and operations, to ensure smooth execution of trade transactions.

  • Liaise with external partners, such as trade associations and financial institutions, to enhance service delivery and business opportunities.


Qualifications:



  • Bachelor’s degree in Finance, Business Administration, International Trade, or a related field.

  • 2 to 3 years of experience in trade finance or a related role within the banking sector.

  • Strong understanding of trade finance products, including letters of credit and guarantees.

  • Excellent analytical, organizational, and problem-solving skills.

  • Proficient in relevant banking software and Microsoft Office Suite.

  • Strong interpersonal and communication skills, with the ability to work effectively in a team environment.

  • Knowledge of international trade regulations and compliance requirements is a plus.


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